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Oh my goodness. The very people who were ranting about crony capitalists, Wall Street manipulation of our political institutions and corruption are now enthralled because those erstwhile enemies are taking over the Trump administration.
What corruption HA! The left didn't see anything wrong with the corrupt Hillary Clinton.
Rudy cleaned up NYC. They were loyal to Trump . Not a Rino. There were a few who didn't put their party first like most Rino's and democrats. They supported a corrupt woman and corrupt democratic party . Those who wanted to clean up Washington voted Trump.
Location: Finally the house is done and we are in Port St. Lucie!
3,488 posts, read 3,335,073 times
Reputation: 9913
Quote:
Originally Posted by OrganicSmallHome
I don't have personal experience with birthing a baby, either, but I'm pretty confident in saying that it's painful.
See below:
Quote:
Originally Posted by Horizonite
I pay as little as I am legally allowed to in Federal Income taxes and my tax bill is still larger than most people's yearly salary. Regulations? Lol, see below.
You guys crack me up! My wise father told me that the good Lord gave us two ears and one mouth so that we could listen twice as much as we speak.
I own two businesses. An online brokerage business and an automotive services business. Here's a list of the red tape that I have to contend with. While we have always had to comply with these regulatory agencies, much of the new regulation was enacted during the last eight years.
Non compliance violations of any of the below agencies are in the tens of thousands of dollars. Again, these regulations are recent and have done nothing but add revenue to Federal, State, and Local coffers with no upside to business or the general public.
Federal:
Environmental Protection Agency - EPA - Implements standards which are and ridiculous and expensive to implement and have caused smaller businesses to cease operating. Compliance cost my company over $65,000 last year alone.
Federal Trade Commission - FTC - Additional advertising regulation, more clerical work with no upside.
National Insurance Crime Bureau - NICB - Additional reporting regulation, more clerical work with no upside.
National Motor Vehicle Title Information System - NMVTIS - Additional reporting regulation, more clerical work with no upside.
State:
State Licensing - One of my businesses already had two state licenses. A third was added which cost me $16,500 this year, and $36,500 for subsequent years.
New State Taxes:
One of my businesses now has to act as tax collector for the State for sales which were tax exempt last year. Additional clerical work which we must now perform for the state with no compensation. But fines are huge if we miscalculate the tax collected.
Sales in 2017 will now incur an additional $97 tax which is will cost us $11,640.
As if that wasn't enough, I now have to pay an additional 3.8% on personal investments because of the Obamacare surtax on investment income.
I could add many more taxes to the list; inventory taxes, wage taxes, etc.
Like I originally stated, if you have never run a business as your primary source of income, you don't know what you are talking about.
And as someone else pointed out, regulations on other sectors can indirectly affect a business.
And then you have the ecig business that is not in bed with big tobacco. The onerous regulations that the FDA just put into place, is killing the small business shops that create jobs and adds to the economy.
This Can be laid directly in the lap of the federal government.
Hundreds of thousands of people were making a living and providing jobs. They were living the American Dream. Sadly, the government is taking it away.
JP Morgan Chase, Goldman Sachs, and even Warren Buffett are now fully behind President elect Trump.
Before the election they've all endorsed Hillary Clinton and donated to her campaign. Now they all sounded like they don't even know who Hillary Clinton is anymore!
Once Wall Street backs the President elect very soon the networks and media will be changing their tone.
They own him. Trump promised the banks he will remove banking regulations, and allow gaming again so of course they big banks like him.
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